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In a dramatic turnaround from its 2008 third quarter net loss of $126.1 million, Aspen Insurance Holdings Limited reported third quarter net income of $144.7 million.

Operators of oil rigs in the Gulf of Mexico may have breathed a big sigh of relief as they eyed the easterly track of Hurricane Bill recently because many drastically shrank their hurricane coverage programs, insurance executives reported late last month.

Gulf of Mexico oil rig operators ducked a bullet when Hurricane Bill tracked away to the east because many have drastically shrunk or cut hurricane coverage, insurance executives said.

Bermuda-based Aspen Insurance announced today that it has invested $25 million in a partnership with a newly formed specialized investment fund focusing on insurance linked securities and reinsurance.

ACE Private Risk Services, part of the ACE Group of Companies, announced a specialized personal umbrella policy with up to $100 million in limits for high-net-worth customers in early March, to sit above their homeowners and auto policies.

Business changes taking hold at Aspen Specialty and United America Indemnity can be traced to leadership changes made in 2007, but E&S veterans engineering the rebuilding efforts say solid

Is the soft market nearing its end as price decreases begin to show signs of moderation and the country's financial turmoil starts to take a toll on insurance company earnings? Industry officials are

The worst third-quarter of financial results since 2005 didn't dampen the spirits of Bermuda insurance executives keenly focused on opportunities emerging in the wake of a worldwide financial crisis.